Scottish Widows customer satisfaction scorecard:

Not rated

We have not been able to rate this provider as our customer satisfaction survey didn't generate a big enough sample of its customers but we aim to rate as many providers as possible

Eligibility

Maximum age

80

Minimum age

21

Location

Any

Restricted location note

N/A

Existing customer note

N/A

Eligibility notes

You must be 21 or over and a fully qualified, practicing and registered: Accountant, Actuary, Barrister, Dentist, Engineer, Medical Doctor, Optometrist, Pharmacist, Solicitor, Teacher and Vet. Trainee Accountants, Trainee Actuaries and Trainee Solicitors will also be considered.

Mortgage product details

Mortgage types

Purchase, First time buyer

Deal type

Fixed

Tracker type

N/A

Payment options

Repayment

Mortgage product features

Overpayments allowed

Yes

Overpayment limits note

An overpayment of up to 10% of the loan balance may be repaid once a year

Offset mortgage

Yes

Help to Buy mortgage

No

Shared ownership mortgage

No

Shared equity mortgage

No

New-build mortgage

No

Self-build mortgage

No

Portable mortgage

Yes

Product fees

Arrangement fee

£1,499

Arrangement fee can be added to loan

Yes

Booking fee

£0

Telegraphic transfer fee

£0

Insurance fee

£0

Other fees

£0

Rate information

Minimum borrowing amount

£50,000

Maximum borrowing amount

£750,000

Minimum term (years)

5

Maximum term (years)

40

Initial deal end date

31.05.23

Initial deal length (months)

60

APRC

3.97%

Initial rate

3.69%

Revert-to rate

3.99%

Maximum LTV

90.0%

Other charges

Exit fees

£0

Valuation admin fee

£0

Valuation fee

From £140 for property value above £50,000

Early repayment note

5% then 4% then 3% then 3% then 1.6% until end of fixed period

Standard benefits

Valuation admin fee excluded from any refund offer

Yes

Maximum free valuation

£0

Cash back amount

£0

Further notes about benefits

N/A

Remortgage benefits

Cash back on legal fees

No

Free legal work

No

Valuation offer

Payable

Purchase mortgage benefits

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